On 2 May 2012 Novo Nordisk initiated a share repurchase programme in
accordance with the provisions of the European Commission's regulation no
2273/2003 of 22 December 2003, also referred to as the Safe Harbour rules.

Under the programme Novo Nordisk will repurchase B shares for an amount up to
DKK 1.8 billion in the period from 2 May 2012 to 7 August 2012.